Search: class action lawsuit
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Cattle Prices High, Margins Tight — Packers Hit with Class-Action Suit
Line on Agriculture
Cattle prices are strong but rising input costs and inflation are squeezing producer margins, while a federal judge has certified a class-action alleging major packers manipulated markets (2015–2020) by slowing slaughter and coordinating purchases to depress prices.
NFU Says John Deere $99M Settlement is a Step in the Right Direction
Line on Agriculture
Deere & Company agreed to pay $99 million to settle a class action lawsuit alleging monopolization of farm equipment repair services. The 2022 lawsuit claimed Deere withheld repair software and collaborated with dealers to limit farmers' ability to repair their own equipment or use independent shops. While the settlement, pending final court approval, doesn't fully resolve the issue, it's seen as progress by the National Farmers Union. Deere also agreed to provide digital repair tools for a deca